See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
BENECO SYSTEMS, LLC3 years Service code 15 · EIN 41-2046279 | Recordkeeping | $35,945 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,527 | $63,114-56.4% | $92,893-70.4% | $65,185-57.8% |
| Participation rate | 82.0% | 68.8%+13.2pp | 76.0%+5.9pp | 70.2%+11.8pp |
| Annual return | 23.21% | 28.75%-5.5pp | 109.41%-86.2pp | 29.38%-6.2pp |
| Employer contribution / active EE | $2,309 | $2,571-10.2% | $3,653-36.8% | $2,177+6.1% |
| Participant deferral / active EE | $1,641 | $3,108-47.2% | $4,236-61.3% | $3,514-53.3% |
| Admin fee / account holder | $307 | $624-50.7% | $5,794-94.7% | $847-63.7% |